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Square Enix invests in Web3 and NFT gaming platform HyperPlay

The investment comes amid a renewed focus on blockchain and Web3 by Square Enix.

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Shrapnel Opens Own Marketplace; NFT Giants Create Skins

Yesterday, Shrapnel unveiled its very own marketplace, offering extraction packs for early access to next year’s full game release, alongside customizable weapon skins for enhanced gameplay.

The marketplace’s release strategy smartly mixes immediate availability with ongoing unlocks: half the skins are ready for purchase, while the rest will become available, either straight away or as rewards for in-game achievements.

The ‘NISHIKIGOI’ Legendary skins are the platform’s initial highlight. Ten are now playable in the game’s STX1 update, STX2 — a four-day teaser event with a $15,000 prize pool, now open until March 23. 

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MetaBirkins NFT Creator Barred from Museum Display After Hermès Lawsuit

Mason Rothschild, the artist behind the controversial MetaBirkins NFT, has been banned from showcasing the pieces at a museum exhibition for Stockholm-based Spritmuseum after Hermès won a trademark lawsuit against them, court documents from March 13 revealed

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CryptoPunks Recent NFT sale Breaks Record, Sold for 4,850 ETH or $16.4M

CryptoPunks non-fungible token (NFT) on the Еthereum blockchain saw a record-breaking sale of one of its nine Alien Punks.

On Wednesday, an anonymous collector purchased CryptoPunks #7804 for 4,850 ETH, or $16.38 million.

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OpenSea’s Seaport 1.6 Upgrade: Faster NFT Sales, Lower Fees

OpenSea, alongside the Seaport Working Group, is upgrading its Seaport Protocol to ‘Seaport 1.6’, enhancing marketplace transaction speed, transparency, and fairness.

Starting March 25, OpenSea will transition to processing orders with Seaport 1.6, moving away from Seaport 1.5, which will stop accepting API submissions during April. 

The introduction of Seaport 1.6 heralds a new era in commerce technology for NFTs, mainly through Seaport’s novel ‘hooks’ functionality.

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Indonesian College Student Behind NFT Selfies Success Returns with $1.8 Million Meme Coin Presale

Sultan Gustaf Al Ghozali, the Indonesian college student who became an internet sensation in 2022 for selling millions of dollars worth of NFTs featuring his daily selfies, is back in the spotlight with a meme coin presale.

Ghozali announced the second edition of “Ghozali Everyday” on March 24th. This project uniquely blends meme coins with NFTs on the Base blockchain. The project’s presale surpassed its initial target of 400 Ether (ETH), reaching 527 ETH.

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How to find undervalued NFT’s with growth potential

The world of Non-Fungible Tokens (NFTs) has captured the imagination of digital collectors and investors around the globe. Yet, within the vast expanse of tokenised art, music, gaming assets, and more, there lies an opportunity for the discerning investor – the quest for undervalued NFTs with significant growth potential.

In this definitive guide, we demystify the process of uncovering these hidden gems, ensuring that your foray into NFT investments is not just about here-and-now hype, but also about strategic, long-term gains. If you’ve been looking to enrich your NFT portfolio with assets that are undervalued but not underappreciated, then read on for an in-depth exploration of the NFT market.

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How to reduce gas fees in NFT transactions

The world of non-fungible tokens (NFTs) has exploded in recent years, with record-breaking sales and a growing community of creators and collectors. However, one major hurdle that continues to hinder the widespread adoption of NFTs is high gas fees.

In this comprehensive guide, we will explore the concept of gas fees in relation to NFT transactions and provide proven strategies for reducing these costs. Whether you are a creator or collector, understanding how to minimize gas fees can greatly benefit your experience in the NFT space.

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Elixir games secures funding from Square Enix and Solana Foundation

Elixir Games, a leading decentralized gaming platform, has recently announced that it has raised $14 million in seed funding from prominent backers. The list of investors includes big names such as Square Enix, the renowned developer of Final Fantasy, and the Solana Foundation. Shima Capital, a leading venture capital firm, also participated in this funding round.

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Logan Paul Fights Back, Says CryptoZoo Project Wasn’t A Scam

YouTuber Logan Paul addressed accusations regarding his infamous CryptoZoo non-fungible token (NFT) in a March 27 documentary titled “5 Months with Logan Paul,” stating in the film that the NFT project was not a scam.

The documentary sheds light on Paul’s perspective on the project and features journalist Graham Besinger detailing the demise of the NFT project and the backlash and allegations that sprung up.

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Hirst, Snoop, Beeple to Shine on Netflix Documentary ‘NFT:WTF?’

Netflix has recently secured the UK distribution rights for ‘NFT:WTF?’—a captivating documentary that explores the intriguing world of NFTs and its significant impact on art and culture.

Initially showcased on HENI Talks—a collection of brief art history films—NFT:WTF? shines a light on a variety of prominent personalities in the web3 realm, including the illustrious NFT artists Damien Hirst and Beeple, and hip-hop veteran Snoop Dogg.

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Sublimart Transforms Traditional Art into NFTs with Novel Edge

Marrying the physical world of art with its digital future, Sublimart — a web3 art hub—has launched its inaugural NFT art collection, ‘Buenos Aires 1’ (BA1), now available on OpenSea.
 
Through this intriguing collection, Sublimart is casting a spotlight on the rich diversity and unparalleled creativity of international artists, providing them with an unprecedented opportunity to connect with art lovers worldwide. 

Initially debuted at the prestigious Miami Art Basel, BA1 is a curated showcase of artworks by distinguished talents like Flo Giovanni Pacini, Consuelo Vidal, and Carlos Muslera.

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Happy Marmots NFTs Spurs Outdoor Fun and Property Ownership

Launching an outdoor quest like no other, Happy Marmots NFTs welcomes explorers into its intriguing ‘Outdoor Aficionados’ ecosystem.

Designed with nature lovers in mind, 8848 colorful Marmot collectibles are opening a distinct rewards system that seamlessly connects digital asset ownership with the joy of real-world nature exploration.

Each NFT opens access to a plethora of opportunities: token airdrops, an eventful hike-to-earn feature, and never-ending community perks, including an unmissable real-estate opportunity. 

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After having sold sneakers and NFT cards, Donald Trump is now selling a USA version of the Bible which includes the text of The Declaration of Independence, the Pledge of Allegiance, and other historic American documents. Each Bible will cost $59.99 and is described on its website as “the only Bible endorsed by President Trump.”

Donald Trump said in his Truth Social post "Happy Holy Week! Let's Make America Pray Again. As we lead into Good Friday and Easter, I encourage you to get a copy of the God Bless the USA Bible.”
AI-Generated Video: A Distant Dream Due to Staggering Hardware Requirements

The crypto community is buzzing with excitement over AI-generated video projects, leading to a surge in AI token prices. However, the reality of making this technology mainstream is far more complex than many realize.

A staggering 720,000 high-end Nvidia H100 GPUs would be needed to support the creator community on platforms like TikTok and YouTube. This number eclipses the total H100 GPUs shipped by Nvidia in 2023 and held by their top clients combined.

The cost of acquiring these GPUs would be nearly equal to the entire market cap of AI tokens. While alternative solutions exist, the hardware requirements make widespread adoption a distant dream for now.

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Animoca Brands Launches Nine Chronicles M on Coincheck NFT

Animoca Brands Japan, a subsidiary of Animoca Brands, has announced an initiative aimed at supporting web3 projects in Japan.

As part of this initiative, Nine Chronicles M will introduce “De: Centralized Cat (D:CC)” NFTs on Coincheck NFT from April 3.
Animoca Brands Japan facilitates the global outreach of Japanese IP and content in the web3 space.

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Mobility Ecosystem MVL Concludes E-Vehicle RWA Pilot Project

MVL, a blockchain-based mobility platform, has announced the completion of DEMO NFT, a two-year pilot project on E-Vehicle RWA (Real World Asset) Tokenization with NFTs.

MVL operates real-world Mobility businesses, including ‘TADA,’ a ride-sharing service in Singapore, and ‘ONiON Mobility,’ an electric vehicle manufacturing and energy infrastructure company, establishing a significant presence in Asia’s Mobility Market.

The pilot project focused on integrating vehicle assets and rental revenue into NFTs, encapsulating real-time vehicle data such as registration, location, mileage, and rental revenue. It involved trials with ONiON vehicles and oversaw operations across Southeast Asia, culminating in the establishment of an infrastructure connecting Blockchains with real-world assets.

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Mazda Introduces Special NFTs for Astar zkEVM’s ‘Yoki Origins’

Earlier today, Astar Network proudly announced that Mazda Motor Corporation is participating in Astar zkEVM’s launch campaign, ‘Yoki Originals’. 

Notably, Astar zkEVM recently set a new industry standard, being the world’s first Ethereum Layer-2 solution using Polygon CDK and integrating Polygon AggLayer alongside. 

Celebrating such an achievement, 10 Mazda-themed Yoki Origins NFTs are now available through this campaign, gearing up traditional Japanese aesthetics with the automaker’s cutting-edge style for a distinctive blend of heritage and modernity. 

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Doge Mirrors the Hyped Bitcoin Ordinals Runestone Airdrop

Doge, an iconic symbol of internet meme culture, has evolved into fractionalised NFTs and transformed into fast-food workers. Most recently, however, it has expanded into Bitcoin Ordinals with the introduction of ‘Doge Runestone’. 

Aiming to mirror Runestone’s Triumph this 100% volunteer-based initiative has now distributed 30,272 Dogecoin NFTs, adopting the same “free and fair” philosophy as Runestone itself. 

Following its airdrop on April 2, these Dogecoin NFTs are now finding their way into secondary marketplaces, whereby the virtual collectibles are garnering an abundance of interest. 

On Ordinals Wallet, the NFT project’s floor price is currently $33 (188 $DOGE), with its total volume nearing $16,700 (89236.53918 $DOGE). 

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Sei Foundation Partners with Gitcoin to Launch $10M Creator Fund

The Sei Foundation has recently announced its partnership with Gitcoin to introduce the Sei Creator Fund, an initiative aimed at supporting creators and builders in the Sei ecosystem.

With an allocation of $10M, the fund is intended to fuel the development of new projects and bolster the expansion of existing endeavors within the Sei community, focusing on its NFTs and social platforms.

The Sei Creator Fund seeks to empower creators across various domains, including collections, applications, infrastructure, content creation, and real-world events and projects at any stage of development are eligible to apply for funding.

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2024/05/16 23:14:15
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